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and our resources with them. and it is just like japan, for what they have done. if you read the papers recently, you know, that japan suffered a very harsh earthquake and tsunami a while back. and they could have easily said, that we are victims of a national disaster. but, when the country heard that the debris was crossing international lines, all the way to the west coast, and they did not claim victim. they also said, we could help. and that is why we heard the news of japan donating $5 million to help the west coast also deal with the debris. that is a wonderful, wonderful gesture of humanitarian work. and so it is my honor tonight, that i stand here with council general inamata welcoming him and the symbol of his country and knowing the origins of the origami and knowing that we have his blessing and his country's blessing, and working with us to make the world better. and create more peace to create tolerance and acceptance for everyone and that this will always improve the quality of life for everyone on this planet. and so, it is with that, that i welcome mr. inamata and the c
and the earthquake and tsunami in japan and last year, and during hurricane katrina we tributed one mill object pounds of food aid. [ applause ] >> and all of that is coming from the lgbt and friends community. so we work as ambassadors for our community and we help change people's minds and hearts about who we are and what we care about. besides providing humanitarian aid, we try to inspire hope in all of our projects and we have found that hope is really just as important as aid, if not more so. and we have worked with a lot of communities in desperate situations arounded world and we found that providing a little bit of humanitarian aid and a lot of courage and hope it is amazing that people in desperate circumstances can do to improve theirs life. so seven years ago we really have a feeling that in the united states, we really need to increase our hope also. and we decided to do that by creating a global art project, the world, tree of hope. and what you see behind you is a live, 23-foot christmas tree and it is covered with 10,000 pieces of oragami and most of it is white cranes and all of
. he was laying there in japan. i said you're going to see my show tomorrow and he said, no i'm going home. so it makes you feel really big. >> are we ready? >> ♪ i wish that i could kiss each and every one of you ♪ >> you want to get a sample of that? >> reporter: during world war ii he brought his act to troops in the south pacific and entertained 15,000 marines on the island of pavu as they got ready for a big invasion. >> out of the kids 40% never got home. some months later i was going to a hospital, oakland california during my regular comedy routine and a patient covered with bandages took his hand out and said pavuvu. i greeted him and found out that the whole room was filled with guys from pavuvu. he opened his eyes and said bob hope when did you get here. i couldn't handle that i had to walk away. that was one of the touchest moments in -- toughest moments in my life. >> reporter: bob hope hoped to be a part of the troops at one moment, and the white house in the next. he entertained many presidents. >> it is my honor to give this to you. >> i like to tell jokes about a
and protest the fact they wanted to have a nuclear power plant sitting next to an earthquake fault. in japan i think the conversation around nuclear power is shifting again and there are challenges to it and this is not new. this conversation has been around forever and that is pg&e and nuclear power and all of that and here we are in 2012 still having the conversation, so i mean i wouldn't under estimate again the type of opposition, however subtle or not, that this program is going to have to conwith. that's why it's critical how we accurately inform people in the city around the value of this program. >> thank you commissioner olague. president carter also wore a button down sweater when he made that statement. >> did he? >> it's important to note that ronald regan removed those solar panels from the white house. i am unclear on the agenda and on ours it doesn't mention any possible action item, but on the document for the public utilities commission it does and i think we want to make sure we're either today or the next puc meeting but i hope that's the plan, the framework of the pla
area. >> japan lost -- >> most of these 50 million casualties were civilians in china. so that's the accepted number. >> maochun yu, professor, what do you teach your at the naval academy speak with i teach mostly military history, world war ii, and modern china, east asia overall. we have every strict -- it's fascinating. i've been here 18 years. it's been a blast spent and here's the book, "oss in china: prelude to cold war." this is booktv on c-span2. >> is there a nonfiction author or book you would like to see featured on booktv? send us an e-mail at booktv at c-span.org. or tweet us at twitter.com/booktv. >> live is stephen carter and he is the author, among many other books of this one, his most recent, "the impeachment of abraham lincoln: a novel." professor carter, they are to premise in here that i want to get to that are historically inaccurate. number one, abraham lincoln survived the assassination of him, and abraham lincoln is impeached. where did you come up with this? >> i start by making clear that in spite of the title, i am a lincoln fan. this is not an argu
the americans. they didn't do that. host: how much did winston churchill expect japan to get into the war? guest: one of the things, in doing this, i had to lock at what is he interested in? what is in his head. try to place churchill in his tim times. he was interested in norway, sumatra, not japan, not the pacific. his knowledge of the geography, the politics, the military situati situation, was not there. and he admits in his memoirs in order to imagine a picture of a theatre of war or what have you, you have to have some knowledge to let your imagination run three. and he didn't and he admitted that and he paid dearly for it. he thought the japanese were a meek race who couldn't see well, couldn't shoot straight in an airplane, were bad fighters, would never have the tim merchantity to attack the british empire. and he people that. they will not attack us. how could they possibly contemplate that. host: what was his reaction when the japanese bombed pearl harbor? guest: that he just won the war. host: that was december 7, 1941. here he is in front of the congress joint session on the day aft
of japan and u.s. flag joined in solidarity. banners from every state in the union were hanging reminding each manufacturer that he was part of a union, industry of thousands that he was a vital member. at the center of all was a sea of balloons that was each tied with silk thread to the stem of a champagne glass. later with the toast under way the balloon's served another purpose the feeling would appear to rise up to raise class's in unison to elevate the celebration for their. it was also printed on american silk. like miniature silk scarves that under the glow of the chandeliers. devised by new york's most famous chef who was quite unintelligible. the banks had more familiar english. then there was skinner's speech, cherishing the recollection of the past to emulate their example. with a great deal of reminiscing to take place but they would help to put a flourishing cap on that topic. they're not only benefactors of the past but the future and they are also making history. >> two days later skinners on a train headed up the connecticut shoreline north to massachusetts. he visited thi
's population is joining the global economy. what does that mean? when japan industrialized, they brought nearly roughly 40 million people out of poverty. when china joined the global economy and so for the firm bought about 300 million out of poverty pity that's a big story. chinese savings in the world financial markets are a big part of what drove the most recent economic bubble because even alan greenspan couldn't figure it out. he wasn't looking at the reality of the moment. he called this the conundrum, he went back to it when he wrote his book. as brilliant a man as alan greenspan was, he was unable to grasp the reality of our historical moment. and it was in part to deutsch that failure, the systematic errors to the housing markets. and the policy was a change in the financial markets in growth elsewhere in the world. well in the next 20 to 30 years, 3 million people were joining the global economy. it's going to be a transformation ten times what we have seen from the china exchange which is ten times what would happen in japan. now if 3 billion people are suddenly given cognitive freed
. to shame the americans. they did not do that. >> how much did winston churchill expect japan to get into the war? >> one of the things in doing this, i had to look at what is he interested in? what is in his head? he was interested in norway, sumatra, not japan, not the pacific. his knowledge of geography, the politics, the military situation was not there. he admits in his memoirs in order to imagine a picture with a theatre of war or what have you, you have to have some knowledge, not let your imagination run free. he thought the japanese were a meek race, and a lot of the brits and the americans thought could not shoot straight, were bad fighters, would never have the temerity to attack the british empire. and he told people, they would never attack of ask. how could it come to that? >> and what was his reaction when the japanese bombed pearl harbor? >> that he had just won the war. he knew what that meant. >> here he is before congress the day after christmas 1944. >> wounds have been inflicted upon the nazi tyranny which have bitten deep and will fester and inflame, not only in
an international commodity. it could be exchanged for silken india and the silk exchange for stores in japan, and those sorts would be sold back in england and the whole thing would start again. so the ex-peasant who is now running the show on a small plot of land handed over to him by the landlord would be an entrepreneur. effectively, he borrowed money from the landlord in order to pay for things, and pitiful wages in the form of corn, to the ex-peasant who were now wandering in the countryside knocking on doors because they don't have direct access to land. so land, labor, and capital, could be purchased in advance of production, on the basis that the entrepreneur, ex-peasant has to the landlord. so debt comes first, then comes distribution of income in the form of a labor contract. it will work for so many hours and i will give you so much corn. it was a combination of this reversal of the order from having production followed by a distribution, followed by debt, to having debt first, then distribution, then production. in conjunction with the great improvements in technology that unleas
a hundred species from japan and china and bamboo and native plants. >> they're trimmed to a human scale so you relate to them on a human level. >> this is one of my favorite sections and you can see the goarnlrous maples by the bamboo back drop and especially beautiful in the fall when the leaves start changing colors. just around the corner from maple lane this little garden is called a zen garden, a dry landscape garden and constructed here in 1953. this was originally designed by zen monks for the ground. their main purpose was to create a trairchg tranquil setting for the monks. this is no ordinary bridge. it's made of redwood, oak and cedar. the high arch style makes it easy to pass under. the newly refurbished tea house is in the center of the gard scpen a great place to eat and chill as you take in the view of the garden. if you wish you can experience the rich cultural tradition that celebrates the preparation of green tea or matcha and your host dressed in the ceremony will demonstrate how to clean the utensils and receive and drink tea with ancient japanese customs. the ar
and japan and germany and basically assure the renewable energy community there is a guaranteed off taker and price paid for electricity generated from a renewable energy project. it's normally 10 or 20 years and set higher than the going rate for gas or electricity generation so it provides a sole developer to say i have this contract for this off taker whether the caa or whoever toy bathe power and. >> >> and guaranteed to buy it from me and i can go to the bank i have this stream of income if you give me a loan. >> please continue. >> thanks, so one of the areas -- also that is applicable to efficiency is addressing barriers for 10 -- tenants and may be are tenants in their spaces and critical to reduce this for efficiency and new due to incentives or they don't have access to physical resources like their roof so expanding energy to renewable energy is one opportunity that would help the renewable energy space. right now all ratepayers pay into -- for example the state fund that goes towards the solar incentive but across the state only a quarter of houses can take advantage of on the
in japan taking to the slopes this holiday season. you can see them here, skiing down the slope. they also handed out candy and took some kids for their own ride down the mountain on sleds. >> 4:52. we will be back, this live look outside at the golden gate bridge. traffic it is easy and light. many people on vacation. and a reminder to catch doctor phil right after the kron four morning news at 10 a-m. >> rihanna shows us what the season of giving is all about. plus, is ben affleck considering a move from elizabeth corridan has today's hollywood minute. >> she has donated or $1 million to the hospital in barbados. in honor of her grandmother. and also, ben f. le is thinking about the political agenda. >> i do not want to speculate about my political future. >> he was testifying about the ongoing crisis in the democratic republic. the topic, scored box office gold with the $36.7 million. tom cruise's new film also, those were $15.5 million in the first weekend. and also, the " this is 40 ". grossing $12 million. >> still ahead on the kron four morning news. the niners take on the night. lo
is and north korea. they have been launching special i missiles. ad he has left japan, and now from north korea, he is headed towards china. >> the jump. because santa has so much ground to cover that he can travel at the speed of light. one of this speculation is is that he uses an atmospheric separator so he can use these lightning speeds. >> is good that he is on rain gear powe-- rain deer power and the gas prices san francisco, $3.60. oakland, $3.48 in the state average is $3.52. >> it was tough to watch the 49 hours last night with the triplet seattle quarterback wilson. collin kaepernick led by their rocking crowds. they wrote the niners 42 to 13. wilson's touchdowns put him one and shy of patent mannings rookie record. -- peyton manning former stanford star richard sherman struggle all night with the deafening noise of the field. >> we don't feel good about it but that is how we handle it. that is how we respond. >> that is true they are still and first. the raiders weren't kinder any to them. the panthers beat the raiders 1726. they held the panthers to 129 yds and several shoving match
, that sand or land fill, acts like water. this is sand, sand and water coming up through a hole. in japan, all these buildings were built on liquefaction. i forget what year this was, but it was one of the bigger earthquakes. 7 story buildings built on liquefaction. the amount of time the earth shook, the earth became liquid and as it became liquid, the building sank into it until it stopped. when it stopped it just fell over. light damage buildings, superficial damage, broken windows, some plaster that might be cracked but basically a light damage building would be one that has mostly damage to the contents. shelves falling over, windows broken, that type of thing. if you had to go into a light damaged building, you would use these procedures. of course you gather information about a building before you go into it, as much information, who lives there, that type of thing. shut off any utilities needed, locate and triage any injured patients, document and communicate the location of any trapped or missing persons. it could be an invalid. in fact, most of the injuries apld most of the deat
driving concerns in the new year. central banks around the world will continue to print the bank of japan being influenced this next year will throw their hat in the ring along with the bank of england and the fed as the print and try to monetize their way to recovery. ashley: you bring up a good point. people buy gold as a hedge against inflation, but also a safe haven against a crisis. we seem to weather the financial crisis very well. we have this fiscal cliff facing us but if you look at inflation and the safe haven, i don't know, those gold fits the mold for those reasons? >> as an inflation hedge it did not keep up in real-time. more reflected today is sophisticated investigators betting against big government and particularly in the investment area investors say policy measures are not going to be adequate to deal with fiscal issues in coming years. the fiscal issue we face with the fiscal cliff is just the tip of the iceberg. we're still dealing with trillion dollars deficit. your earlier guests pointed out we have yet to come up with 2013 budget. which is projected by the democra
in the island and moved over to japan, russia, india, and is making his way up the east side of africa. melissa: you do not see any weather problems later tonight into tomorrow? >> no weather problems at all. we are tracking him. we have a call center open here. we are tracking him. people talking to our staff here we are taking tens of thousands of calls. it is a good day so far. melissa: captain davis, thank you for taking time out to talk with us. >> thank you. merry christmas. melissa: let's take a look at the market headlines. investor showing little cheer on christmas eve. fiscal cliff walls dominated today's shortened trading session. fiscal cliff deadlocked given another jolt to the so-called fear index. it has been a tough year for yobbo shareholders. they upgraded its target to $26 a share. yahoo! shares up more than 1.5%. it is the last day, actually, we have several hours left to run to the mall to get gifts. maybe you are a bargain shopper waiting to get a good deal. braving the christmas crowd at the glendale galleria in glendale, california. how packed is the mall? >> i have to t
currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were going to say we're going to pass a deal with the majority of republicans and the majority of democrats in the
, is tracking him this holiday season. we just got video in -- yes, video in of santa. he is now in japan and also in korea because santa can do anything. it's magic. he's delivering it in those countries. then he'll make his way closer to the united states around midnight or so and eat the cookies left by kids around the country and deliver presents to all the good children in america. we'll continue to track santa. we'll be right back. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. >>> jamie foxx stars in the new quentin tarantino movie ""djang unchained," a violent movie. but after the sandy hook shooting, he said this. >> it tears you up. we have to do something. i think now i feel that everyone is really pulling together, and we hav
will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., europe and particularly euro is the one to send out is the strong demand. this is something that european policies and that european companies will need to work with. >> next year, although the eurozone economy is stag nating, we do expect a recovery in the global economy to which europe corporate sector is very well levered. it's that recover in the global back drop which allows margins to rise a little bit in eurozone, gives some type line growth and overall profit growth we think of around 9%. >> standing out in 2013, the biggest uncertainty right now has to do with around the housing market in the united states. some people are increasing their belief that you're going to see growth in the housing market from, you know, previous estimates are like 1.5% to % or even 4%. that is the unknown. because as everybody knows, housing has so many secondary and tertiary effects, domino effects, positive effects on the u.s. economy. but if that's the case, if we have stabilized a
and characters are truly larger than life. >> just after that, make japan yen and brian rohan worked in hallinan's office and they were the guys who started halo, he had ran out of the dads front hollar, a victorian house. they were providing legal services to other kids that got bested in the neighborhood. >> is true. since hallinan was the godfather for whole new generation to brian and michael and also tony sir who went on to defend among other things the critters commune with their subject it to one police raid after the next. [inaudible] [inaudible] >> that is a good testament to tony. by the way, but as michael giguere is, just about, another great tier of san francisco, a great photographer. some of them are featured in the book. michael has been a longtime photographer for the 49ers going back to the first glory days of joe walsh and montana in c. and then begin again. said thank you, michael. [applause] >> i think we have time for one more. >> i just want to follow up to medical story, michael's companion, the chairman of our board that the haight-ashbury clinic. terence hallinan organi
1945, president truman's decision to use an atomic bomb against japan. tonight we'll examine the process of making a tough decision. we'll hear about major decisions on an international stage, about corporate decisions, and personal ones. from taking down the most wanted man in the world -- >> the president turned to us and said, i made my decision. we are going to go with the raid. write up the orders. >> -- to giving up a dream career. >> it was this sense of almost unreality, of just -- i'm not sure i know who i am. >> to uprooting a company culture. >> some people actually quit. >> to opening the door to a closed society. >> this is like a spy thriller. >> absolutely. >> each of my guests has wrestled with a difficult choice. they will take us through their deliberations, their fears, and how they made their tough decisions. >>> at 11:00 p.m. on may 1, 2011 00:21 20111, two blackhawks, a translator and a dog named cairo took off from jalalabad, afghanistan, to kill osama bin laden. >> the death of bin laden mark it is most significant achievement to date in our nation's e
and take a live look at where he is now and he is in japan, so he is delivering the gifts and this year norad has partnered to help snow santas stops around the world and we will show you exactly where he is at. >> okay, my kids always look forward to watching it. let's check in with tara for traffic. >>> we had couple of incidents with mudslides and right now we will take a live look at the 280 split. traffic northbound as you drive towards santa clara, we don't have any delays and this is a look at 680 on the right-hand side of your screen. traffic is flowing well. >>> coming up at the 6:00 hour, the powerful storm in north dakota is causing -- nevada is causing concern and led to flooding. >>> a rescue search is underway for a suspected drunk driver. >>> and i will have a timeline coming up for your holiday. stay tuned.
about violent video games and movies, i think a lot of us would agree, countries like japan, u.k. they have the same violent video games and the same violent movies the thing they don't have is easier access to a weapon like that that was used. why not remove the weapons? >> when you say remove -- adam: can't buy it. >> how about the weapons that are already in circulation owned by people? adam: i think that's going to be an issue. you can't make people give the guns back. but you could start to restrict the sale. that's the argument that's being made, isn't it? >> the way i look at it is this, give me the exact verbiage of the law and see whether that would have stopped lanza. i submit to you it would not. for example, he has weapons in in the house already. separate issue, he's a mentally disturbed fellow and his mother has weapons unsecured in the house. adam: i don't disagree with you. david: very quickly, how much would this cost, this kind of security? >> if you used former military, per school anywhere between 40 and 50,000 dollars a year. david: for the nation, tens of
, japan, korea, chile, the biggest producer of copper in the world will not smelter copper on their home soil. the export every ounce of copper and copper concentrate on ships to try not to let them do it and it's killing china, which by the way, they are exporting all of theirs to africa. and so they are building smelters in africa so they can export their pollution essentially to africa. it's ironic. china we all know is the biggest consumer. they take about 40% of the world's copper building products for the rest of the world. car breaks, they make everything they are also bizarrely enough the forefront of creating the new technology because they know that they are suffocating in their cities from this problem, so you know, it's weird, the kind of massive polluters they're trying to get the technology to solve the problem way more than we are. and then of course the problem on the side of that is the green technology has run heavily on copper and there's the irony. we might get ourselves in green technology to get rid of the effect is a really good idea and probably more important but
trials and hardships before finally going into the first squadron in japan. there he became an gauge to the girl he loved and was on top of the world. when extra troops failed to arrive in afghanistan that summer, the summer of 2009, matthew volunteered on the ground to help out. the absolutely found his niche with those marines. he took leave the first of july and secretly married theresa. july 10 was the last time i saw him. he arrived in afghanistan the end of july and wrote these final words in his journal on august 2. mom, dad, i can never repay you for all you have done for me. you made me into the man i am today. i hope that i have made you proud. that has always been my goal. i love you both so much. tell the girls i love them and couldn't be prouder older brother. i have always tried to be an honorable man and i truly believe in what we are doing here. i am doing this for my family so that they need not fear. my country so that can be a beacon of light for the entire world. the men around me because no one could ask for it better company than the u.s. armed forces and finall
this kind of gun violence in japan where video games run amok. we don't see this in other western civilized countries where the instance of mental illness seems to be about what in this the united states. there's one variable here, which is the prevalence of guns and the ability of -- now, somebody like nancy lanza, who seemingly had no evidence of mental illness and nothing prohibited her from getting it. could we require locks? there are -- to throw up our hands and say, well, we'll never prevent everything is to suggest somehow that we're helpless against do anything, and i think that's where this president -- even if he fails, thomas, even if he doesn't get anything across the goalline, he knows that health care started thanks to bill clinton. he pushed it over. if he pushes gun control in some fashion on assault weapons and doesn't get it done, believe me, that will be a positive part of his legacy whether he succeeds or not. >> last word to you. >> i mean, we have those laws in existence. i would suggest to you part of going to these kind of solutions, it creates a false security. we
in the island of wake and moved over japan, china, russia, australia, new zealand, india and is making his way now up the east side of africa. melissa: that's great. so you don't see any weather problems later tonight into the morning? he should be able to make it back home safely because he will need a lot of rest? how does the rest of the evening look? >> no weather problems at all. santa always seems to find a way, but we're tracking him. we've got call center open here, 1-877-hi norad. we're tracking him and people talking to our staff here taking tens of thousands of calls. it's a good day so far. melissa: i know you're doing a lot of e-mail business too. captain davis, thanks for taking time to talk to us. we appreciate it. >> thank you, and merry christmas. melissa: merry christmas to you. while santas his way across the globe let's look at market headlines because it was open after all. thin volume dominated today's shortened trading session. the dow fell 51 points. the fiscal cliff deadlock gave another jolt to the veer index for the vix. it is up 20% in four sessions. people are nerv
about abe in japan, and today he's in the "wall street journal," he wants it to go to 90. he thinks there's definitely a war going on in the foreign exchange markets. he's probably right. let's look at the euro currency. hovering at an eight-month high. there's probably going to be excitement there. one thing i can tell you is the boon in the euro, big trade in the last couple of weeks. melissa lee, back to you. >> they certainly have. rick santelli, thank you. the fiscal cliff talks also weighing on the energy markets. let's go to bertha coombs at the nymex. >> we are seeing a little bit of a pullback here when it comes to brent futures, and also across the board pretty much in energy today. not what you would necessarily expect with the weaker dollar. the concern, of course, is that if we do go over that fiscal cliff, no deal by the end of the year. that we will see some recessionary pressures here in the first quarter. at least that's what the congressional budget office is talking about. nat gas is feeling the pressure after a strong rally over the last couple of days. we're get
. >> the unconditional surrender of japan. >> over the intercom came the words, war ends. we could go home. and people went wild. >> all the hugging and the kissing and that and the dancing in the streets because the war was over. >> when the ticker tape had he celebrated and it died down, the women were told to go home. they were simply no longer needed. you didn't know at the time what you had done for women. >> that's right. >> in fact, many of you didn't even talk about what you had done? >> no, we didn't think about it. >> why wouldn't you talk about it? >> we just thought it was a job we done, and that was it. >> though the rosies are in their late 80s or 90s, some of their children are beginning to learn what their mothers have done. >> the only regret i had is not realizing the impact sooner. i'm really thankful that i've been able to talk and learn more about it and to be able it to thank her. >> i'm going to tell my daughter that her great-grandmother helped to end a war. she helped to make a country whole again. opened the door for her to be able to do whatever she sets her mind to. >> why
-old. we know central banks committed. we know avi in japan will raise, we know germany is a big economy. i would pay close attention to cross trades like the euro/yen. i don't think you need to answer the fiscal cliff issues. foreign exchange is a better place to be, even with the manipulation of central banks. >> ed, jump in here in terms of areas that you want to avoid. where do you think the areas of this market are that really get hit the hardest on the fiscal cliff the lack of fiscal cliff deal. >> absolutely. and maria, i think it is important to underscore one fact. no matter what the resolution is on the fiscal cliff, it is not going to help the balance sheet of this country. and the balance sheet of the world economy is in such disarray that the only way we solve this is by growth and all of the economies, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term interest rates sensitive bonds in the united states. if there was ever an investment more obvious to avoid, i don't know what it is. sta
>>> welcome to nhk world "newsline" on this national holiday. >>> japan's air self defense force scrambled fighter jets in reaction to a chinese aircraft flying near the islands in the east china sea. the defense ministry says they spotted a propeller aircraft on its radar. the plane was approaching the islands from the north. the asdf's f-15 fighter jets immediately went into scramble mode from a base in okinawa. the chinese plane flew within 120 kilometers of the islands but it left the area without violating japanese airspace. a plane of the same type intruded on december 13th. the asdf dispatched fighters in response. the aircraft spotted on monday had the same serial number as the one that made similar flight last saturday. in both cases, the plane tried to approach the area from the north and then flew away without violating japan's airspace. >>> chinese academy of social sciences released an assessment of the international situation in a report on monday. referring to the recent nationalization by japan of the islands. the report says china-japan relations are in the most
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